... “cooling-off period”2 and obtain a full refund of the insurance premium (less a market value adjustment where applicable). 5. You should beware that licensed insurance intermediary may have a conflict of interests in persuading you to replace your existing policy. You should, apart from listening to the advice...

... premiums will decline by 3 0.1%, while total sum of related claims could eventually balloon to a mind- boggling US$100 billion. The insurance industry in Hong Kong is not immune, with latest statistics showing that premium growth for the first three quarters of 2020 had slowed down to 5.5%. New business...

... “cooling-off period”2 and obtain a full refund of the insurance premium (less a market value adjustment where applicable). 5. You should beware that licensed insurance intermediary may have a conflict of interests in persuading you to replace your existing policy. You should, apart from listening to the advice...

...”)違反條例第 5(11)條所界定的指明條 文，保監局可以只施加罰款，也可同時向該保險機構施加其 他紀律制裁。 1.2. 本指引載述保監局擬採用何種方式行使條例第 21(2)(c)條所 提述的施加罰款權力，而保監局在行使該權力時，必須考慮 指引的內容。 2. 保險業監管局行使施加罰款權力時的考慮因素 2.1. 按照目前的政策，保監局通常會把所有施加罰款的決定公布 周知。 2.2. 保監局在斟酌是否施加罰款和罰款金額時，會考慮有關個案 的所有情況，包括下文所述的相關因素。 2.3. 保監局所施加的罰款應能遏止有關保險機構違反條例第 5(11) 條所界定的指明條文。罰款也應發揮以儆效尤的作用，阻嚇 其他...

... Gazette (G.N. 7072) on 22 September 2017 and is available on the Government’s website http://www.gld.gov.hk/egazette/. We would like to draw your attention to section 5 of the Congo Regulation which stipulates that making available funds or other financial assets or economic resources to relevant persons...

... English 30 Aug 2018 (Thur) 3:00 p.m. – 5:00 p.m. Venue: 19/F, Multi-function Room, Insurance Authority, 41 Heung Yip Road, Wong Chuk Hang, Hong Kong Insurer’s Collaboration Corner To facilitate participants’ understanding of the development of RBC, we have set up an online platform named Insurer’s...

... further details. Ends Notes: 1 Co-organised with the Hong Kong Academy of Finance 2 AIF 2023 is a Type 7 Qualified CPD Activity specified under the CPD Guideline (GL24) issued by the IA. For details, please refer to the confirmation email upon successful...

... Ordinance, Cap. 41. 6. “Investigation” means an investigation initiated by the Council under section 23 of the FRCO. 7. “Non-compliance” means a relevant non-compliance as defined by section 5 of the FRCO. For ease of reference, these are summarised at Schedule 1. 8. “Parties” means the IA and the FRC. II....

... Ordinance, Cap. 41. 6. “Investigation” means an investigation initiated by the Council under section 23 of the FRCO. 7. “Non-compliance” means a relevant non-compliance as defined by section 5 of the FRCO. For ease of reference, these are summarised at Schedule 1. 8. “Parties” means the IA and the FRC. II....

... Ordinance, Cap. 41. 6. “Investigation” means an investigation initiated by the Council under section 23 of the FRCO. 7. “Non-compliance” means a relevant non-compliance as defined by section 5 of the FRCO. For ease of reference, these are summarised at Schedule 1. 8. “Parties” means the IA and the FRC. II....